Jim Cramer's top 10 things to watch in the stock market Monday
CNBC Top News ·

My top 10 things to watch Monday, June 8 1. The S & P 500 and Nasdaq are headed for higher opens as chipmakers rebounded following Friday's brutal selloff . …
My top 10 things to watch Monday, June 8 1. The S & P 500 and Nasdaq are headed for higher opens as chipmakers rebounded following Friday's brutal selloff . Club holdings Nvidia and Broadcom are jumping nearly 2.5% and 3.3%, respectively. Investors looked past war developments after Iran and Israel traded strikes over the weekend. Apple was little changed ahead of Monday's WWDC keynote . A new Siri powered by Google's Gemini is expected. 2. Wall Street analysts started coverage of recent IPO Cerebras Systems with buy ratings pretty much across the board. The chipmaker more than doubled shortly after its debut open on May 14. It closed off those levels that day. It has been sliding ever since, now only about 15% above its $185 offering price this morning. 3. Another recent IPO, Blackstone Digital Infrastructure Trust , got a mix of buy and hold ratings from analysts. The data center real estate name also debuted on May 14. It has stayed close to its $20 offering price. BXDC aims to take the IPO proceeds to buy newly built, income-generating data center assets. Also in the data center, Corning shares are up nearly 9% after striking a big optical fiber deal with Amazon . Both are Club names. 4. Alphabet 's Google agreed to pay SpaceX $920 million per month to use the rocket and AI company's Nvidia chips. Google told CNBC the deal was made to ensure "bridge capacity" to meet surging demand for Gemini Enterprise. What about Google's TPUs? Is that why Broadcom missed? 5. …
Original source: CNBC Top News
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